REGISTERED NUMBER: 09568979 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

British Ensign Advisory Services Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

4

71,180

58,330

Cash at bank

49

822

71,229

59,152

CREDITORS

Amounts falling due within one year

5

75,893

93,690

NET CURRENT LIABILITIES

(4,664

)

(34,538

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,664

)

(34,538

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(4,666

)

(34,540

)

SHAREHOLDERS' FUNDS

(4,664

)

(34,538

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 21 December 2018 and were signed by:

E Blacker - Director

1.	STATUTORY INFORMATION

British Ensign Advisory Services Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

09568979

Registered office:

Slinfold Golf & Country Club

Stane Street

Horsham

West Sussex

RH131 0R

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

10,500

10,500

Other debtors

60,680

47,830

71,180

58,330

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Taxation and social security

15,895

13,692

Other creditors

59,998

79,998

75,893

93,690

6.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £60,680 (2017: £47,830) by British Ensign Investments Ltd, a

company under the control of Peter Blacker, who is a related party.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is E Blacker.